Shares of Madison Pacific Properties Inc. (TSE:MPC – Get Free Report) dropped 7.8% on Wednesday. The stock traded as low as C$4.52 and last traded at C$4.52. Approximately 100 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 1,636 shares. The stock had previously closed at C$4.90.
Madison Pacific Properties Price Performance
The company has a debt-to-equity ratio of 84.54, a current ratio of 0.24 and a quick ratio of 0.43. The company has a 50 day moving average price of C$4.82 and a 200 day moving average price of C$4.91. The firm has a market cap of C$268.77 million, a PE ratio of 11.30 and a beta of 0.02.
Madison Pacific Properties Company Profile
Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates office, industrial, and commercial real estate properties located in Western Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment that being the Rental of Office, Industrial, Commercial, and multi-family real estate properties located in Canada. The company derives its revenue from rental operations and property management.
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